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clinton and state counselors have been engaging for some time, and that is can we get a better answer than we have had in the past two how a new rise in power comes to the international system. and can we do so without running significant risks or indeed fall into conflict. >> thanks. please. >> i agree with everything the undersecretary has said your, and, in fact, admiral sam locklear underscore those pushes a couple days ago in australia. talking about engagement and that strategic trust. but it's interesting that the chinese tend to look at the american, ma asia pacific give it a sort of a continuing strategy. which speaks to the inability to really communicate with strategic effect. and i think you touched, steve, on a very important piece which was a seniority complex and if i can put it that way. china has felt that they were abused by major powers to the 19th century and well into the 20 century, and that has an interesting counterbalance, which is a seemed a bit of a superiority complex about the solutions that they are building on how china images as a global power. the disconten
chief of staff for president clinton -- "democrats must move on entitlements and a cliff deal. he said we're going to have to reduce the cost of entitlement programs. senator conrad, the chairman of the budget committee, said we need, we absolutely need to enact fundamental reform in our entitlement programs. he was warning that social security is -- quote -- "headed for insolvency" and senator durbin said ignoring entitlement reform is not a responsible approach. to be sure these programs last, and this is a good time to look at both revenue and spending and surely in a senate that works like the senate should work, we can find out how to do both of those things. my friend from wyoming just talked about the death tax, the estate tax. this is another area for all the reasons he mentioned that we need to look at doing something about this tax before it goes back to the taxable levels of ten years ago. there are two million family farms. our farms and ranches in the united states -- two million and 98% of them, almost 2 million, are owned by individuals, family partnerships and family co
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